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Reuters reported that South African stocks have edged higher and Impala Platinum rose for the first time in 3 sessions due to profit warning and higher US retail sales.
Reuters reported that South African stocks have edged higher and Impala Platinum rose for the first time in 3 sessions due to profit warning and higher US retail sales.
As quoted in the market news:
Impala Platinum rose 2.6 percent to 166.13 rand. Shares of the platinum producer had fallen 2 percent in the last two sessions, after it said full-year profit would likely drop by as much as 79 percent.